debt
confidence high
sentiment neutral
materiality 0.55
Prospect Capital launches cash tender offer for all outstanding 5.875% senior notes due 2023
PROSPECT CAPITAL CORP
- Company offers $987.50 per $1,000 principal for $282.36 million of 5.875% senior notes due 2023.
- Tender offer expires November 18, 2022 at 5:00 PM NYC; settlement expected November 23.
- Offer is for any and all outstanding notes; no minimum tender condition.
- D.F. King & Co., Inc. serving as Information and Tender Agent.